Puerto Rico Gas Tanker Misses Sunday Entry Over Regulator Payment Order
A Puerto Rico gas tanker missed its Sunday entry to San Juan Bay after supplier New Fortress Energy disputed a regulator order deferring US$17.6 million. The post Puerto Rico Gas Tanker Misses Sunday Entry Over Regulator Payment Order appeared first on The Rio Times .
On Sunday, the Amur River, a gas tanker carrying LNG for Puerto Rico's power plants, failed to dock in San Juan Bay as scheduled. The supplier, New Fortress Energy, cited a 30 September directive from the island's energy regulator as the cause of payment uncertainty. The ship's presence would have alleviated the need for power plants to rely on more expensive diesel fuel.
The regulator had postponed about $17.6 million in gas payments due to the deferred order, leading to higher electricity rates effective October 1st. New Fortress claimed the order violated its contract with the state utility, AEE, and refused further LNG supply until conditions were met. The regulator and AEE have given New Fortress 24 hours to confirm compliance, or risk charges of misconduct.
The Energy Bureau now faces the decision on the payment issue, which could further increase power costs.
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